Fundamentals are the sole driving force behind the technicals here... There wouldn't BE any technicals if it weren't for the fundamentals.
We are going up strictly based on the current filings, anticipation of future filings, leadership, BOD connections, company turnaround, potential relisting, product release, debt potentially gone, yada yada yada!!!
Technicals are meaningful for daytraders ONLY here. And the day trading TA wizards have been smoked by gap ups and major breakouts based on FUNDAMENTALS.
Don't get me wrong... Cause I'll trade other stocks solely on technicals but this stock HAS to be treated differently based on the fundamentals.
Just grab some more shares and ignore the noise IMO... And don't forget to enjoy the ride. ATRN!
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